Topic: Bitcoin vs Litecoin mining, earnings relation (very strange) - page 2. (Read 3309 times)

Amen to that brotha!

Exactly, and therefore the price of LTC should  be higher than the BTC price.
LTC mining is much more difficult than the BTC mining.

Relation between;
BTC mining hardware production cost / earnings = low
LTC mining hardware production cost / earnings = high

and Definitely BTC and LTC prices should replacement places.

Part of the reason the LTC difficulty is increasing at a lower rate is because of a graphics card shortage right now.

I have 3 R9 280x cards still back ordered from November.

The cards that are trickling in are only allowing the network to increase incrementally...

This is a good LTC calculator  
http://bitcoinwisdom.com/litecoin/calculator

set;
Difficulty Increment: 0.8
Hardware Price: about 400 usd (Radeon HD 7950 )
Electricity Price: 0.14  (USD/kWh)
Display Currency: USD
Group By: Month

well going on here:

http://www.coinwarz.com/cryptocurrency/?sha256HashRate=600.00&sha256Power=500.00&sha256PowerCost=0.1000&scryptHashRate=600.00&scryptPower=500.00&scryptPowerCost=0.1000&sha256Check=true&scryptCheck=true

with 600 hashes

litecoin generates $4.13 per day before electricity

4.13 x 30 days = $123.9
123.9 * 12 months = $1,486 per year

ops my bad you're right!

hahah

its for 1 year, with Radeon HD 7950

Check calculator:  http://bitcoinwisdom.com/litecoin/calculator

thats $135 in 1 month with a 7950 at those rates/hashes

NOT $135 for 1 year.

From August - 2013 years Bitcoin difficulty is increased by 48x or 8.7x per month
http://bitcoinwisdom.com/bitcoin/calculator
View Screen Capture

From August 2013 Litecoin difficulty is increased by 4.5x , or 0.818x per month
http://bitcoinwisdom.com/litecoin/calculator

View Screen Capture

So for the past 5.5 months we had 10x higher growth difficulties and hashrate the BTC in relation to the LTC ,
And still the price of BTC 20x higher than the price of LTC ,
and in addition to the LTC earning quite difficult , it justified the enormous cost of hardware and the huge consumption of electricity



Earnings LTC miners is very poor and laborious and very expensive ,

Provided that LTC remain 24 usd a lasting several months the average increment difficulties remain constant ,
about 0.8 % for three days ,
with one the Radeon HD 7950 card, it is possible to earn 135 usd for a year . ( under ideal conditions )
( on ​​ebay the cheapest cost $ 367.00 + shipping , not as the site says 225 usd )

View Screen Capture


Pre emergence of ASIC hardware for Bitcoin mining , in the first half of 2013g ,
BTC and LTC miners had the same earnings in relation to the money invested in hardware on .

What is it suddenly changed the appearance of the ASIC hardware ?
What is it suddenly upset the balance , the money invested in hardware / earned money from cryptocoin ?
Why is the price of Bitcoin so then jumped when a relatively cheaper ASICs with hardware
could dig more, easier, faster and cheaper BTC?
(lower production price of hardware and extremely low energy consumption)

The answer is more than obvious ,
Producers ASIC hardware are artificially raised the price of Bitcoin , a
In that moment, prices should be declining, because the cheaper and easier to manufacture Bitcoin.

What will be with the same The price Bitcoin happen when manufacturers ASIC hardware are coming out of the game ?

And the answer is more than obvious !

Definitely BTC and LTC prices should replacement places

Relation between;
BTC mining hardware production cost / earnings = low
LTC mining hardware production cost / earnings = high

Excuse me for the translation, I used google translate.